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MarthaStokesCMT-TechniTrader
26 เมษา 2019 เวลา 15 นาฬิกา 33 นาที

SBUX: Speculative with declining volume, no Dark Pools 

Starbucks CorporationNASDAQ

คำอธิบาย

This chart pattern is highly speculative. This doesn’t mean the stock won’t go higher but that buying it at this price is a very risky situation. On the weekly scale, the trend is bending under selling pressure as smaller funds and retail buy because the stock has been moving up. This is NOT a Dark Pool accumulation mode. Volume is declining steadily also. Volume that declines precedes a correction, either sideways action which means more upside eventually, OR a downside correction to a support level where fundamentals meet technical price levels.

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